£281,027
This estimated value is based upon the latest sale price for the house of £210,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
Price Paid | Date |
---|---|
£210,000 | 9 Sep 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in September 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £210,000 results in an estimated price of approximately £281,027.
9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £210,000 | £71,027 | £281,027 |
The Postcode Pricing Model uses changes in average sales price within the WD18 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -12.682 % | £-26,632 | £183,367 |
3 Month Average | 7.750 % | £16,274 | £226,274 |
6 Month Average | 17.452 % | £36,649 | £246,649 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £284,369 | £280,000 | FLAT 5 CHESTNUT COURT GADE CLOSE |
7 Sep 2023 | £230,072 | £225,000 | 6 HANOVER COURT, 85 - 87 KING GEORGES AVENUE |
17 Aug 2022 | £351,644 | £350,000 | FLAT 4 CHESTNUT COURT GADE CLOSE |
14 Dec 2021 | £242,844 | £225,000 | 1 HANOVER COURT, 85 - 87 KING GEORGES AVENUE |
7 Oct 2021 | £390,134 | £350,000 | 506 WHIPPENDELL ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 2 Sep 2014. Using an estimated price of £281,027 means this house is valued at £7,395 per sq meter (£687 per sq foot).
The average size of a house on KING GEORGES AVENUE is 68 sq meters (734 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Alwin Place |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alwin Place |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alwin Place |
May 2024 | Violence and sexual offences | Under investigation | On or near Alwin Place |
May 2024 | Anti-social behaviour | On or near Alwin Place |